Bain Capital finalises plans to acquire FineToday Holdings in $1.29 billion deal, Nikkei reports

By Reuters   |   7 hours ago
Bain Capital finalises plans to acquire FineToday Holdings in $1.29 billion deal, Nikkei reports

Feb 1 (Reuters) - Bain Capital has finalised plans to acquire FineToday Holdings, the Japanese personal-care company behind the Tsubaki shampoo brand, in a deal expected to be worth around 200 billion yen ($1.29 billion), Nikkei reported on Sunday.

Private equity firm CVC Capital Partners plans to divest all of FineToday's shares, the report added.

Reuters could not immediately verify the report.

($1 = 154.7600 yen)

(Reporting by Preetika Parashuraman in BengaluruEditing by Shri Navaratnam)

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